Week 4 Participation 5

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Hello Class and Professor, A firm like LEGO can utilize knowledge sharing to promote additional alliance opportunities by using the shared knowledge to find opportunities that the alliance can further...

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Q Our textbook talks about tying compensation to company objectives as a way to entice employees to work hard and accomplish the tasks necessary for meeting strategic objectives. Using money as a motivator is an emotional and controversial subject. Some believe it's the ultimate motivator, others believe it’s a neutral motivator, while others believe it can actually be a disincentive. Here are a couple short articles discussing the pros and cons of using money as a motivator. http://smallbusiness.chron.com/advantages-using-money-motivate-employees-22056.html http://www.briantracy.com/blog/financial-success/money-as-a-motivator-of-behavior-in-the-business-world-good-life-financial-goals-human-behavior/ https://hbr.org/2013/04/does-money-really-affect-motiv What do you think – is money a positive or negative motivator?

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I think that money is definitely a positive motivator. This is because if money is not provided in the form of incentives or in the form of salary hikes, bonuses or in any other form, then the organizational members might not feel like working. Some organizational members might get frustrated and depressed because their salaries are not being hiked or they are not being incentivized monetarily and rewarded according to their outstanding performances. Money is important for every organizational member working in an organization.

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